Ramaphosa receives Nedlac's Jobs Summit report - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

President Cyril Ramaphosa has received the National Economic Development and Labour Council report on the Framework Agreement adopted at the 2018 Presidential Jobs Summit.

The president convened the summit in October 2018 to address the country’s soaring unemployment rate. The summit brought together government, business, unions and civil society to discuss ways to grow the economy.He was referring to the latest figures released by Stats SA this week that show the country’s unemployment rate to be at an 11-year high of 29% in the second quarter of 2019.

Speaking at the event at the Gallagher Convention Centre in Midrand Johannesburg, Ramaphosa says more needs to be done to address the unemployment crisis. “An unemployment rate of 29% and our current economic trajectory means that the economy is creating jobs at a much slower pace than is required by our economy.”

“And the enormity of joblessness together with low levels of economic growth means that we’ve got to be innovative and we must combine that with our willingness to be as creative as possible to address this crisis because we are essentially in a deep and serious crisis.”

Same old. Clear-cut output 4rm clear-cut input. All in threes. Tripartite Alliance. Parliament Triparty of Globalists =ANC, DA, EFF. Three CRIMES AGAINST HUMANITY=Anc Apartheid, Black Elite Enrichment (10 million ppl excl), Cadre Deployment (Contamination &Disintegration of SOE's

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tshwane wages still in dispute - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.There is still no end sight to the current wage impasse between the City of Tshwane and its employees. Those in power will wait until everything gets out of control, courts interdicts never worked in wage disputes, period...! Those lucky enough to have jobs shud handle them with care, while the right to strike is in our Constitution, trashing, destruction of properties & infringing on other ppl's rights, isn't. Furthermore, potential investors r watching, wud they want to invest in such a SA?🙏 Why Leaders take long to address or listen to People's concerns,at the end infrastructure is destroyed. Do we have leadership.
Source: SABC News Online - 🏆 32. / 51 Read more »

Sars executives suspended - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Revenue Service (Sars) has placed two key executives on precautionary suspension and extended the suspension of another executive pending the finalization of a disciplinary process over serious allegations of misconduct.
Source: SABC News Online - 🏆 32. / 51 Read more »